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A Suezmax is the largest type of tanker that can navigate the Suez Canal. These ships are approximately 275 meters (900 feet) long and have a capacity ranging from 120,000 to 200,000 deadweight tons (dwt). They can carry about 800,000 to over 1,000,000 barrels of oil. While Suezmax tankers can transit the Suez Canal to reach Atlantic destinations, larger vessels like ULCCs and most VLCCs must travel around the Cape of Good Hope. The Suez Canal itself is a vital waterway connecting the Mediterranean Sea and the Red Sea, with continuous improvements made to accommodate larger ships. In 2023, tankers constituted about 32 percent of the over 26,000 transits through the canal.123

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